Category: Uncategorized

A Greenpeace activist flew a powered paraglider near the Transocean Barents platform in Constanța on Wednesday, January 15, displaying a banner reading ‘Stop Fossil Gas’ in protest of OMV Petrom’s Neptun Deep gas drilling project in the Black Sea. The platform, set to become Europe’s largest fossil gas extraction site, is undergoing final preparations before…

Romania has dropped ten positions in the 2025 ranking conducted by the defense-focused publication Global Firepower, which compiles a list of the world’s most powerful armies based on various indicators every year.  In 2024, Romania was ranked 41st in the list of 145 countries, while now it is ranked 51st, with a power ranking of…

The 19th Gopo Awards Gala, celebrating the achievements of Romanian cinema, will take place on April 29 in Bucharest, according to an announcement by the Romanian Film Promotion Association. A total of 38 feature films, including fiction and documentaries released in 2024, have met the eligibility criteria and are now in the running for nominations.…

NXP Semiconductors N.V. secured a EUR 1 billion loan from the European Investment Bank (EIB) for the company’s research, development, and innovation (RDI) projects in Austria, France, Germany, The Netherlands, and Romania. The financing will support NXP’s RDI projects aimed at various end markets including automotive, Industrial, and Internet of Things (IoT) for the period…

Bucharest’s two main airports, namely the Henri Coandă International Airport and Aurel Vlaicu Bucharest-Băneasa International Airport, recorded air traffic of over 16 million passengers in 2024, an increase of 9.22% compared to 2023. Additionally, there were 134,700 aircraft movements (landings and takeoffs), up 4.75% from 2023, according to data from the Bucharest National Airports Company…

Romanian tennis player Jaqueline Cristian, ranked 82nd in the world, advanced to the third round of the Australian Open on Thursday, January 16, after defeating Italy’s Lucia Bronzetti in two sets 7-5, 7-5. The match lasted two hours and four minutes, according to News.ro. This marks the first time in Cristian’s career that she has…

At the monetary policy meeting of January 15, Romania’s central bank (BNR) maintained the monetary policy interest rate at 6.5%, which was in line with expectations.  Amid persistent inflation risks and with no budget plan drafted by the government, the monetary authority thus prioritized a cautious stance over the need to encourage economic growth.  “We…

Ford Transit & Tourneo Courier, Ford Puma, and the new Dacia Duster led Romanian car production to a record volume of over 560,000 cars, according to calculations by Ziarul Financiar based on information from the car market and Ford Otosan’s stock exchange report.  The volume thus brings a 10% increase compared to 2023, being the…

Romania’s industrial output in the 12 months to November 2024 contracted by 2% y/y, according to data published by the statistics office INS.  The contraction was slightly softer (-1.6% y/y) in the core manufacturing sector, with the segment of utilities (-4.4% y/y) dragging down the overall performance. Most likely, the industrial output in Romania ended…

The corporate branch in Romania of PKO Bank Polski, the leader of the Polish banking system, will begin its operational activity on the local market in 2025, according to Ziarul Financiar. The Romanian daily announced in October 2023 that PKO Bank, the largest bank in Poland, with assets equivalent to 70% of the Romanian banking…